IBM's 4Q earnings results were announced yesterday after the market close. Today, investors drove the company's stock up $8, and helped the Dow Jones Industrial Average (DJIA) rise 97 points. IBM is one of the 30 stocks that together represent the average. According to The Wall Street Journal, the current divisor is
0.132319125. This means that a $1 move up or down in a Dow component stock results in a
corresponding move of 7.56 points in the average. So, IBM's 8-point increase today accounted for 68.48 of the DJIA's 97 point gain.
IBM's growth is being driven by several "smarter planet" initiatives, many of which use data analytics to understand markets and how to make them. Smarter healthcare is among them.
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